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not just in europe but elsewhere that for example president obama joe biden. making a speech at the weekend. it's perfectly clear the united states. he did say this as best a flat six by britain's biggest in the european union and exercise same instruments within the european union is the rest if you personally. tentative. that the entrance which we have placed in brussels. and indeed of washington. will be diminished if people think that it is genuine prospect that we are coming. well they've been together up to cult so the answer to that question. first of all. for all the reasons i sat fact. i think leading the debate and advocating the necessary changes. can enhance influence from reduce it. but in any case i don't think we can do that allowing democracy. to happen. is an unacceptable risk. otherwise all kinds of things that we would never ask people a power point about. and we have reached a point in the united kingdom where democratic come sense is being greatly weakened for the european union. and we have to recognize that and deal with that. and we hav
not just in europe but elsewhere that for example president obama joe biden. making a speech at the weekend. it's perfectly clear the united states. he did say this as best a flat six by britain's biggest in the european union and exercise same instruments within the european union is the rest if you personally. tentative. that the entrance which we have placed in brussels. and indeed of washington. will be diminished if people think that it is genuine prospect that we are coming. well they've...
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Feb 8, 2013
02/13
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i'm with obama on this, i really am. i'm with obama. whether that makes me a con or a neo-con or whatever it is, think think they're wrong about waterboarding. but notice, answer, guantanamo is still open. i think obama has learned a thing or two. >> yeah, i wish he would learn a few more things and that is to get -- actually, i think it's mark's concerns about winning the hearts and minds of pakistanis. i don't think i'd spend a lot of time and effort on that and, you know, this is part of the reason i'm enthusiastically supporting the siequester. i think there's plenty we can cut from the defense department, including this pointless, endless rebuilding of afghanistan. it was one thing to go in and take out al qaeda and the taliban. what on earth are we doing over there? why do we care about the hearts or minds or building the schools? i mean, outside of osama bin laden going to afghanistan and tricking the taliban into this spectacular attack on america, in general the muslims in afghanistan like the ones in indonesiaia have not expor
i'm with obama on this, i really am. i'm with obama. whether that makes me a con or a neo-con or whatever it is, think think they're wrong about waterboarding. but notice, answer, guantanamo is still open. i think obama has learned a thing or two. >> yeah, i wish he would learn a few more things and that is to get -- actually, i think it's mark's concerns about winning the hearts and minds of pakistanis. i don't think i'd spend a lot of time and effort on that and, you know, this is part...
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Feb 12, 2013
02/13
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that is his obama care effectively. finding bits and pieces to pull together to create this new energy strategy. and i think he's going to lay some of that out. i also think there's going to be a lot of emphasis on social issues whether it's guns, whether it's gay marriage. you look at how democrats are sort of stacking the audience. because everyone is a member plus one. >> do you think it's going to be partisan? do you think it's going to be -- some people are speculating it's going to be my way or the highway. >> yes, very much so. >> no sequester. small budget cuts. and you got to raise more tax revenues? do you expect that? >> absolutely. i think he has the political momentum behind him to go into that space. but as you've noted and as the polls are beginning to show, people got their paychecks the last two weeks in the month of january and they've noticed a lot less money. number one. number two, there's still a significant number of people unemployed. they're looking for a conversation from the president -- line
that is his obama care effectively. finding bits and pieces to pull together to create this new energy strategy. and i think he's going to lay some of that out. i also think there's going to be a lot of emphasis on social issues whether it's guns, whether it's gay marriage. you look at how democrats are sort of stacking the audience. because everyone is a member plus one. >> do you think it's going to be partisan? do you think it's going to be -- some people are speculating it's going to...
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Feb 5, 2013
02/13
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we warned you president obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path to prosperi prosperity. more tax hikes will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the
we warned you president obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path...
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Feb 9, 2013
02/13
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you're seeing obama's poll numbers come down. i think that's because he's a politician who needs a foil. perhaps the country he looked pretty good compared with mitt romney. but the country doesn't look good compared to where the country should be. when he doesn't have someone to run against, when he doesn't have someone to be the villain and he's just getting judged on his actual performance in the job you'll see his numbers come down. he's doing a terrible terrible job and people know that. >> jimmy williams, i understand the ebb and flow of politics on issues like gun control and immigration and same-sex marriage and all these things come up. but none of that has a thing to do with economic growth and job creation. and i think that's what that quinn p quinnipiac poll shows. when is your man going to come up with a growth plan? >> i would disagree with you, larry, about the immigration part. but i agree with you that gay marriage has absolutely nothing to do with job growth. kevin just mentioned the president needs a foil like
you're seeing obama's poll numbers come down. i think that's because he's a politician who needs a foil. perhaps the country he looked pretty good compared with mitt romney. but the country doesn't look good compared to where the country should be. when he doesn't have someone to run against, when he doesn't have someone to be the villain and he's just getting judged on his actual performance in the job you'll see his numbers come down. he's doing a terrible terrible job and people know that....
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Feb 5, 2013
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president obama to speak in 15 minutes time. he will ask congress to come up with short-term packages to put off automotiatic spending cuts. hampton, we begin with you, budget office right now releasing its budget and economic outlook. give us details. >> reporter: the budget office, assumes no change in current laws, 2013 fiscal year budget deficit, $845 billion. cbo projects first time below $1 trillion since 2008, 5% of gdp, well below the peak of 2009. saying deficits decline as a percentage of gdp could dip as low as 2.4% in 2015. then they start to rise again in 2016. that 10-year-old cbo deficit projection increased overall to 4.6 trillion for the 2013 decade up from $20.2 trillion in it's previous. cbo sees real gdp growing 1.4% in 2013, the sub died growth limits businesses to hire more workers, cbo projecting unemployment rate to stay near 8% this year, also expecting unemployment rate to remain above 7.5% through 2014. debt and deficits will be larger, the cbo says, if current laws were modified and rising health care
president obama to speak in 15 minutes time. he will ask congress to come up with short-term packages to put off automotiatic spending cuts. hampton, we begin with you, budget office right now releasing its budget and economic outlook. give us details. >> reporter: the budget office, assumes no change in current laws, 2013 fiscal year budget deficit, $845 billion. cbo projects first time below $1 trillion since 2008, 5% of gdp, well below the peak of 2009. saying deficits decline as a...
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Feb 7, 2013
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this is an obama-type defense on spending cuts. next thing you want is revenues to help the post office go through. what's go pac? i'm sorry. >> it's a teachable moment as guy talked about. this is what happens when you allow the government to come in and run an industry that in treery is private. it is not. any decision the post office wants to make to become more efficient, they have to say mother may i. in this administration you see whether it's the epa that wants to continue to regulate the energy industry, trying to do more in the car industry, trying to take over the health care industry. >> can i just interject? you see the problems between government has mother may i decisions over the economy. >> it has nothing to do with the obama administration. the problems of the post office go back way before president obama existed. the reality is it's an inefficient organization that has to answer to the government to make decisions. the problem is people aren't using the post office. >> let me make a quick point. first of all it's
this is an obama-type defense on spending cuts. next thing you want is revenues to help the post office go through. what's go pac? i'm sorry. >> it's a teachable moment as guy talked about. this is what happens when you allow the government to come in and run an industry that in treery is private. it is not. any decision the post office wants to make to become more efficient, they have to say mother may i. in this administration you see whether it's the epa that wants to continue to...
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Feb 5, 2013
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Feb 12, 2013
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. >> is it possible tore president obama to derail this rally, now that we don't have to worry about the debt ceiling? >> not only debt ceiling but last tuesday he put up sequestration. we're not going to come to an agreement, a couple of solutions, kick that can down the road, time to think and talk about it. you saw it grind higher. not real volume. listen, you want them, pay up, we're happy to sell on the way up. >> we're going to talk about apple during the course of the session, course of the program. what is your takeaway from what tim cook said or didn't say today? >> listen, i think it's very interesting this whole conversation with what einhorn has now created with apple. this conversation ensuing. i like apple. i like apple where it is at the moment. >> did you like it all the way down. >> i said a long time ago when it started to crack at 700, you had to be careful. there's so many names we saw at the end of the year, get into it, push and push the way the market got ahead of itself. i fully expect the market will back off some. it needs to some. if you look it up, exactly
. >> is it possible tore president obama to derail this rally, now that we don't have to worry about the debt ceiling? >> not only debt ceiling but last tuesday he put up sequestration. we're not going to come to an agreement, a couple of solutions, kick that can down the road, time to think and talk about it. you saw it grind higher. not real volume. listen, you want them, pay up, we're happy to sell on the way up. >> we're going to talk about apple during the course of the...
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Feb 7, 2013
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when americans discover how bad obama care is and when obama care starts bankrupting state governments, i think you're going to see a huge rebellion against this president and his policies. >> but when -- when are they going to figure that out, senator? we've been talking about obama care for a long time now, and it's already costing businesses, you know, enormous amounts of money and stopping them from hiring any new headsed to the payroll so when are we going to figure this out in your view? when do you think that happens? >> when republicans begin to present our message better and we tell people whether you're rich, poor or middle class you'll have more jobs and more money if we leave money in your state, leave money in your pocket and that's how the economy will grow. when people figure that out, i think they will come back to the republican party, but they also have to see that what he's planning for us is -- it is bankrupting us as we speak. we're borrowing $50,000 a second and it can't go on. >> i didn't know it was a second. >> let me ask you about one other issue before we let
when americans discover how bad obama care is and when obama care starts bankrupting state governments, i think you're going to see a huge rebellion against this president and his policies. >> but when -- when are they going to figure that out, senator? we've been talking about obama care for a long time now, and it's already costing businesses, you know, enormous amounts of money and stopping them from hiring any new headsed to the payroll so when are we going to figure this out in your...
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for example, "the journal" said president obama's s.e.c. chair nominee mary jo white would not be able to vote on any case involving jpmorgan for two years after taking the job because jpmorgan was a client at a previous law firm. and daniel gallagher would have a conflict of interest on jpmorgan cases, too. he came from a law firm that helped jpmorgan investigate the london whale trading fiasco. such vacancies could give the s.e.c. bare number of minimum commissioners to field a quorum on certain cases which could potentially weaken the commission. s.e.c. declined to comment to the newspaper on behalf of white who is not yet a commission official. back to you. >> thanks so much, eamon. reaction now with attorney andrew consultman who says this is a major problem, while a former s.e.c. official says the benefits of having the right people far outweigh the cost of some conflicts of interest. both join us right now for a discussion. good to have you on the program. robert, i think you make a good point. you want people with the experience and
for example, "the journal" said president obama's s.e.c. chair nominee mary jo white would not be able to vote on any case involving jpmorgan for two years after taking the job because jpmorgan was a client at a previous law firm. and daniel gallagher would have a conflict of interest on jpmorgan cases, too. he came from a law firm that helped jpmorgan investigate the london whale trading fiasco. such vacancies could give the s.e.c. bare number of minimum commissioners to field a...
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Feb 4, 2013
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now under the leadership of harry reid and president obama, it's not able to pass a budget. it's not a problem with the senate. it's not a problem getting 51 senators. they've done it for decades. the problem is that no one in washington on the other side of the aisle wants to take leadership for how to get us out of the fiscal mess we're in. and not this year's fiscal mess. the mess that extends out 20, 30, 40 years. the president's budget last year never, ever, ever balanced. you can't do that. those numbers don't add up. >> all right. let's bet back to this sequester here. it comes at a time when we just learned that fourth quarter gdp was horrible compared to what we saw in the third quarter. the stock market seems to feel like things are getting back to normal, the economy's on the mend. is this the time to allow these spending cuts to take effect automatically that could take out a number -- "the new york times" says it could cost a million jobs in the economy right now. isn't this the time to think about an alternative of some kind? >> absolutely. the senate has not t
now under the leadership of harry reid and president obama, it's not able to pass a budget. it's not a problem with the senate. it's not a problem getting 51 senators. they've done it for decades. the problem is that no one in washington on the other side of the aisle wants to take leadership for how to get us out of the fiscal mess we're in. and not this year's fiscal mess. the mess that extends out 20, 30, 40 years. the president's budget last year never, ever, ever balanced. you can't do...
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Feb 7, 2013
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this is john brennan's boss before he started working for barack obama, guys? thz sounds like juicy 007. a little bit cloak and dagger. but at the same time, there is nothing to suggest anything inappropriate was going on here. >> that's right. we should underscore that. i didn't talk to anybody who suggested that john brennan ever did anything inappropriate while in the private sector. i did talk to several people who questioned sort of why we need this private intelligence structure in any case. why do we have global private security firms operating in beijing and washington and baghdad at the same time? and this is an entirely tax-payer fueled entity. >> eamon, you know the answer to that. the way that the u.s. army can say, we don't have operatives in south america. they didn't but they were paying mercenaries to be down there. >> yeah, look, a lot of this is is done in a very hidden way. very merurky world. we had so sift through record to find the corporate structure to find out the global strategies group for example, registered in luxembourg, not englan
this is john brennan's boss before he started working for barack obama, guys? thz sounds like juicy 007. a little bit cloak and dagger. but at the same time, there is nothing to suggest anything inappropriate was going on here. >> that's right. we should underscore that. i didn't talk to anybody who suggested that john brennan ever did anything inappropriate while in the private sector. i did talk to several people who questioned sort of why we need this private intelligence structure in...
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Feb 11, 2013
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apple stock up about .5% right now, we just learned that tim cooke will be seated next to michelle obama at the president's state of the union address tomorrow night in washington, d.c. that should be very interesting. i wonder what that's going to be about. the stock up 1% today. the dow lower. we're coming off the low right now. i pointed out earlier that the s&p has been down every monday this year. that's five trading days. here's what the s&p has done year to date. we don't get the knnuances of t trading here. but so far up 6 1/3%. peter costa -- >> yes. >> you've told us as a skeptic you threw in the towel recently and were willing to buy this market. >> it was right after i spoke to ralph. >> he considered you to turn bullish. >> he did. >> but you have to admit this market is getting tired here, don't you think? >> if you look at the market where we're down 19 today, i think we'll churn a bit. i think this churning might go on for probably another couple of months. but i don't think the market's -- it's not done yet. i just think that right now we're going to be in a pausing phas
apple stock up about .5% right now, we just learned that tim cooke will be seated next to michelle obama at the president's state of the union address tomorrow night in washington, d.c. that should be very interesting. i wonder what that's going to be about. the stock up 1% today. the dow lower. we're coming off the low right now. i pointed out earlier that the s&p has been down every monday this year. that's five trading days. here's what the s&p has done year to date. we don't get the...
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Feb 4, 2013
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. >>> president obama calling for smart spending cuts. but what does that mean? we'll get washington speak translated by former gop senator judd gregg? >>> and did beyonce blow out the lights at the super bowl? maybe. we'll talk about that. the superdome power outage. >>> also the beatles said money can't buy you love but can it buy you happiness? we'll see what the millionaires say. stay with us. is is for real thi. is is for real thi. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> welcome back. the dow industrial it is pulling way back from friday's 14,000 peak in a significant way. let's get to bob pisani recapping the movers. >> biggest declines of the year. declines up 1.5% to 2% in all the big names. but please note compared to what happened in europe, this is small potatoes. put up some of what happened here. nothing yet in italy the ol
. >>> president obama calling for smart spending cuts. but what does that mean? we'll get washington speak translated by former gop senator judd gregg? >>> and did beyonce blow out the lights at the super bowl? maybe. we'll talk about that. the superdome power outage. >>> also the beatles said money can't buy you love but can it buy you happiness? we'll see what the millionaires say. stay with us. is is for real thi. is is for real thi. step seven point two one two....
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Feb 8, 2013
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republicans saying president obama, you've got your tax increases in the cliff in early january. we want spending cuts now and if you don't agree with our spending cuts we'll let the sequester cuts, the indiscriminate across-the-board take effect. the white house said if i get the word out on what this means you wouldn't dare do that. that's what the white house briefing was about. administration economic officials talked about the middle class impacts, talked about 70,000 kids being thrown off of head start and 2,000 fewer food inspections. 540 million less in loan guarantees for small business and 375,000 fewer mental health patients being treated. 10,000 teachers lost, leon panetta, the outgoing defense secretary, has already said that the unacceptable cuts to the nation's defense would result so what we've got to see is whether republicans believe that or whether they believe it's a chicken little kind of argument and some democrats privately on the hill think that the sequester cuts might not be all that bad because they cut some of the defense programs that democrats have w
republicans saying president obama, you've got your tax increases in the cliff in early january. we want spending cuts now and if you don't agree with our spending cuts we'll let the sequester cuts, the indiscriminate across-the-board take effect. the white house said if i get the word out on what this means you wouldn't dare do that. that's what the white house briefing was about. administration economic officials talked about the middle class impacts, talked about 70,000 kids being thrown off...
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Feb 6, 2013
02/13
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>> apoplectic. >> of the impact of obama-care on the job creation in this country. i'm not judging whether or not you're right or wrong but there's a sense out there. >> to seen see small companies -- >> to raise the cost of what it is to hire an employee, you will hire less of them. >> you are seeing small companies starting to talk about, i have 100 employees, do i break up into three llcs. you are going to have to deal with that sort of thing. that is going to happen and there are people that will be upset about know it. >> the other thing that makes people apoplectic, you kcan cac about health care and spending decelerating. the bottom line was about cost containment. it really wasn't, about coverage. when you look at the amount of me on the government will spend on health care the next ten years, it is higher on obama-care than otherwise. the cost of spending will go up. >> the cost of spending for the government. >> that was the mission. >> i apologize. i have breaking news with government spending. the post office. this is breaking news. the post office says
>> apoplectic. >> of the impact of obama-care on the job creation in this country. i'm not judging whether or not you're right or wrong but there's a sense out there. >> to seen see small companies -- >> to raise the cost of what it is to hire an employee, you will hire less of them. >> you are seeing small companies starting to talk about, i have 100 employees, do i break up into three llcs. you are going to have to deal with that sort of thing. that is going to...
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president obama had the courage to back him. and it turned out to be successful. in comparison, if i may say so, with what the europeans have done with their banks, where nobody knows what the numbers are, they apply a stress test that was meaningless and here we are some number of years later, they were still, and rightly so, enormous questions about many of the european banks. i think tim has done an excellent job. >> do you push for enough regulation? people look at compensation on wall street and say it's still too much. >> well i don't think that compensation was the purview of tim. you could argue about compensation one way or another and argue what role it played. that's an issue that the policy community is going to have to deal with going forward. but, it wasn't central to what he had to do. >> do you think compensation played a role? obviously the other critique on you has been that you were paid a huge amount of money, $100 million plus. no one's ever asked me and i was wondering if i could, did you get to keep all that money? a lot of it was in stock.
president obama had the courage to back him. and it turned out to be successful. in comparison, if i may say so, with what the europeans have done with their banks, where nobody knows what the numbers are, they apply a stress test that was meaningless and here we are some number of years later, they were still, and rightly so, enormous questions about many of the european banks. i think tim has done an excellent job. >> do you push for enough regulation? people look at compensation on...
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Feb 12, 2013
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he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff on these issues. this is the largest audience he's going to have. the goal is to move public opinion because that's what moves congress. i think some of the reasons we now see some moment on issues like immigration reform, for example, has to do less with what the president said and more with what the american people have said. >> i also talked to david about the attitude the president has shown since the election. he certainly had a little bit more spring in his step. some people say he's been cocky since that election, throwing a couple of elbows
he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff...
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Feb 6, 2013
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what accommodative fiscal policy does for the market, since the re-election of president obama since a 12% gain in the dow. japan is looking to cash in. still worried about what we're seeing in europe. if all the companies keep debasing their currencies, where are we going, all on the same track. right now the way to put the money is put it in the u.s. japan has obviously benefitted from that. >> you have not been alone on the floor here among your trading brethren who have been skeptical of this rally as it continued. some others though have thrown in the towel and are going with the trend higher. are you still skeptical? >> i'm definitely still skeptical. >> okay. i think the risk is to the down side. if we get a 5% pullback, which would not be bad for the market, are people going to put their money to work. putting it into work when times are good. when times are bad, markets back off and that's where markets seem to accelerate. >> going out neither highs of the day with the dow up about 5.25 points here, and the s&p up a fraction right now. stand by. a lot of earnings news coming
what accommodative fiscal policy does for the market, since the re-election of president obama since a 12% gain in the dow. japan is looking to cash in. still worried about what we're seeing in europe. if all the companies keep debasing their currencies, where are we going, all on the same track. right now the way to put the money is put it in the u.s. japan has obviously benefitted from that. >> you have not been alone on the floor here among your trading brethren who have been skeptical...
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>>> president obama set to deliver the state of the union tonight at anybo9:00 eastern ti. for that, we go to rick santelli. >> welcome. welcome senator isaacson, senator from georgia. two things. i would like you to weigh in on two ideas. first, one put forth in the "washington post" yesterday. obama, job of debt reduction nearly done, the first one. 80% of the commentators i listen to on television and the media at large, hey, maybe the president will be less partisan and reach across the aisle. weigh in on those two notions. >> first of all, we're not 80% done on the debt and have a long way to go. this president needs to engage on our debt deficit. that's critical. second, i hope it won't be that partisan. hope it will be bipartisan. realizing america has a budget problem and americans have tightened their belts and it's time we did in washington. >> i'm not as optimistic as you are. after four years, i can pretty much tell you all the issues out there and a lot of good ideas. you brought up jobs. really, isn't there a philosophical difference here. that the spending mo
>>> president obama set to deliver the state of the union tonight at anybo9:00 eastern ti. for that, we go to rick santelli. >> welcome. welcome senator isaacson, senator from georgia. two things. i would like you to weigh in on two ideas. first, one put forth in the "washington post" yesterday. obama, job of debt reduction nearly done, the first one. 80% of the commentators i listen to on television and the media at large, hey, maybe the president will be less partisan...
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. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to collaborate with physicians, to drive increases in health quality. today we have over 50 collaboratives already up and running in the united states where physicians are more paid based on the quality of outcomes haves the quality of services. as a result, people are getting better quality of outcomes, better services and costs are coming out of the system. >> david, give us a -- your outlook for the year ahead and a little bit beyond that. to what extent, when washington is -- it's in the middle right now of the process of trying to find cost savings. do you expect some of those cost saving
. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to...
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president obama has signed a debt ceiling suspension into law. the measure allows the government to keep borrowing to pay its bills. it puts off the next congressional battle over the debt ceiling until may. boeing is asking the faa for permission to resume test flights of its grounded 787 jet. it wants to test the batteries and other components in flight since certain conditions can't be simulated on the ground. the faa is evaluating boeing's request. >>> in wall street 2013 rally interrupted with a major averages suffering their worst one-day loss in a year on monday's trading. the last hour we spoke to goldman's jim o'neil about the prospects of making money in this market. >> i think to sell if you're a medium term player is probably not a smart move. but if you've made all the gains, to take some off the table isn't a crazy idea either. >> joining us now is nouriel roubini, chairman and co-founder of roubini global economics. you're not like a market master, maybe like a market jedi. plus andrew still here from fortune magazine. the one and
president obama has signed a debt ceiling suspension into law. the measure allows the government to keep borrowing to pay its bills. it puts off the next congressional battle over the debt ceiling until may. boeing is asking the faa for permission to resume test flights of its grounded 787 jet. it wants to test the batteries and other components in flight since certain conditions can't be simulated on the ground. the faa is evaluating boeing's request. >>> in wall street 2013 rally...
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Feb 8, 2013
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two economic officials from the obama administration saying it would result in 70,000 kids being thrown off of head start in a couple of thousand fewer food inspectiones. 373,000 fewer mental health patient treated. 540 million in smaller loan guarantee. 600,000 fewer women and children receiving food assistance. this is putting pressure on congress to act because many republicans expressed the idea they could let the budget sequester take effect. some democrats suggested that is not so terrible from their point of view too. white house is trying it make a counter argument. we will see over the next couple of weeks since tsequester is du to take effect. >> how effective is this, john? we have seen the white house before where they put out the worst case scenario where they try to force things along against republican answers in some cases it backfired. what do you think this time? >> it backfired at certain times. this is a moment where the white house believes the president still has wind at his back from the election results. they thought they did well at the fiscal cliff. though it i
two economic officials from the obama administration saying it would result in 70,000 kids being thrown off of head start in a couple of thousand fewer food inspectiones. 373,000 fewer mental health patient treated. 540 million in smaller loan guarantee. 600,000 fewer women and children receiving food assistance. this is putting pressure on congress to act because many republicans expressed the idea they could let the budget sequester take effect. some democrats suggested that is not so...
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. >>> president obama says more tax revenue will be needed to help reduce the deficit. he'll push to get rid of loopholes such as the carried interest tax break enjoyed by private equity firms and hedge funds. >> i don't think the issue right now is raising rates. the question is, if we're going to be serious about reducing our deficit, can we combine some smart spending cuts, because there's still waste in government, can we reform our health care programs in particular because we spend a lot more on health care than every other country does and we don't get better outcome. so there's a lot of waste in the system and there are things that we can do to reduce health care costs. >> asked about the contraction in fourth quarter gdp in the u.s., president obama blames the dysfunction in washington surrounding the fiscal cliff. a sharp drop in spending did over-shadow strong housing data. it followed unexpectedly strong defense spending in the fourth quarter. maybe some positive news there. tina, from citi, she's been taking a look at what the president has to do, i guess,
. >>> president obama says more tax revenue will be needed to help reduce the deficit. he'll push to get rid of loopholes such as the carried interest tax break enjoyed by private equity firms and hedge funds. >> i don't think the issue right now is raising rates. the question is, if we're going to be serious about reducing our deficit, can we combine some smart spending cuts, because there's still waste in government, can we reform our health care programs in particular because...
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president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should have put a ring on it ♪ ♪ if you like it then you should have put a ring on it ♪ >> good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in the power system triggered an automatic shutdown forcing backup sy
president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should...
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tomorrow we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
tomorrow we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
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. >>> is obama care just what the doctor ordered? we'll be talking live to mark parkinson over his concerns about the health system in the u.s. when we come back. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> some of the other stories we're following today, credit suisse stock is higher after the group reported weaker than expected profits on the back of lower revenue from its investment banking unit. carolin has been tracking the results. she joins us for more in a snowy zurich. >> in a very, very cold zurich. a lot of one offs to get through like restructuring costs and accounting charges, credit charges. but let's continue the discussion with the head of financials research at sarasin. good morning to you. thank you so much for bra
. >>> is obama care just what the doctor ordered? we'll be talking live to mark parkinson over his concerns about the health system in the u.s. when we come back. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond...
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you've got the fiscal cliff issue resolved, and probably more importantly, president obama seems to have pulled the republicans' fangs with respect to the debt ceiling. that's probably the big risk that the market was worried about. >> you made recent changes to your 2013 allocation strategy. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by that? >> well, we believe that there's an evolution in the asset classes that investors are going to be tapping into in the next decade. you know, if you look back over the last 20 years, people spent a lot of time arguing, what was the value stock, what was a growth stock. and a lot of times it was in the eye of the beholder. volatility is a much more objective mesh yasure of what a stock is. you can do very good long term, 80 and 90-year analysis of what this asset class means. and right now, we show high volatility stocks have been beaten down very, very much in the rally, relative to low volatility, so
you've got the fiscal cliff issue resolved, and probably more importantly, president obama seems to have pulled the republicans' fangs with respect to the debt ceiling. that's probably the big risk that the market was worried about. >> you made recent changes to your 2013 allocation strategy. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by...
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live to washington for the details on that next. >>> president obama saying the u.s. can reduce its budget deficit. john harwood has more. >> the big question in washington is what is the next budget deal to reduce the deficit going to be? what is going to be in it? will it be spending cuts or revenue? the president said in the super bowl interview with scott pelley yesterday that it has to include revenue and singled out one in particular, that is the carried interest loophole. >> i don't think the issue right now is raising rates. there is no doubt we need additional revenue coupled with smart spending reductions, in order to bring down our deficit. and we can do it in a gradual way so it doesn't have a huge impact. the average person doesn't have access to carried interest income where they end up paying a much lower rate on billions of dollars that they have earned. >> now, going into the president's favor as he tries to go after this is a widespread belief on wall street, even that this is an unjustified loophole, one of the top figures on wall street told me the
live to washington for the details on that next. >>> president obama saying the u.s. can reduce its budget deficit. john harwood has more. >> the big question in washington is what is the next budget deal to reduce the deficit going to be? what is going to be in it? will it be spending cuts or revenue? the president said in the super bowl interview with scott pelley yesterday that it has to include revenue and singled out one in particular, that is the carried interest loophole....
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in a little more than two hours, president obama is going to come out and propose a short-term deferral of the so-called budget sequester. that is due to take effect on march the 1st with indiscriminate cuts in defense. he needs more time given the congressional budget process from the fiscal cliff, in order to put off the sequester, and come up with a ten-year plan. he's going to propose for several months tens of billions of dollars in both new revenue and spending cuts. this is going to be greeted skeptically from republican leaders. i just spoke with the spokesman for mr. mcconnell, the senate republican leader, who said we would love to see the president's cuts. we'll see if he can reach an agreement to put off that sequester. so far they were able to put off the debt limit which delayed some of the threat to the american economy. this is another attempt to do that. of course, the president's focus largely on immigration today, he's got meetings with the ceos of both yahoo, marissa meier, blankfe blankfein, and trying to focus on that topic. the budget is the most economic back dro
in a little more than two hours, president obama is going to come out and propose a short-term deferral of the so-called budget sequester. that is due to take effect on march the 1st with indiscriminate cuts in defense. he needs more time given the congressional budget process from the fiscal cliff, in order to put off the sequester, and come up with a ten-year plan. he's going to propose for several months tens of billions of dollars in both new revenue and spending cuts. this is going to be...
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president obama has just issued an emergency declaration for the state of connecticut. the entire northeast is beginning dig out from up to three feet of snow. at least nine deaths are blamed on a storm that pounded the region this weekend. power crews working to restore electricity to 400,000 resident. all major airports are starting to resume flights after more than 5,000 were canceled because of the blizzard. >>> the los angeles police chief says he is reopening an investigation into the termination of former officer christopher dorner. dorner is still at large, suspected in the killings of three people. the search for him has focused on the san berardino mountains after his pickup was found burning there. in a manifesto, he declared war on the lapd and their families after a firing. >>> and this just in. a report is disputing allegations that he covered up child sex abuse by jerry sandusky. the report, released this hour, calls the findings of an earlier investigation conducted on balance of penn state "factually wrong, speculative and fundamentally wrong." joe pate
president obama has just issued an emergency declaration for the state of connecticut. the entire northeast is beginning dig out from up to three feet of snow. at least nine deaths are blamed on a storm that pounded the region this weekend. power crews working to restore electricity to 400,000 resident. all major airports are starting to resume flights after more than 5,000 were canceled because of the blizzard. >>> the los angeles police chief says he is reopening an investigation...
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president obama has just issued an emergency declaration for the state of connecticut. the entire northeast is starting to dig out from up to three feet of snow. at least nine deaths are blamed on the storm that pounded the region this weekend. power crews are working to restore electricity to more than 350,000 people. all major airports have resumed flights after more than 5,000 were canceled because of the blizzard. >>> the search has resumed in california's san bernadino mountains for ex-los angeles cop christopher dorner. dorner is a suspect in the killing of three people, including a police officer. in a manifesto pe declared war on l.a. police officers and their families because he was fired from the force in 2008. a report commissioned by the family of joe paterno is absorbing the late coach of cover-up allegations in the jerry sandusky child sex abuse case. the report calls the findings of an earlier investigation conducted for penn state, quote, factually wrong, speculative and fundamentally flawed. in a separate letter to the school's former football plays his
president obama has just issued an emergency declaration for the state of connecticut. the entire northeast is starting to dig out from up to three feet of snow. at least nine deaths are blamed on the storm that pounded the region this weekend. power crews are working to restore electricity to more than 350,000 people. all major airports have resumed flights after more than 5,000 were canceled because of the blizzard. >>> the search has resumed in california's san bernadino mountains...
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stand by for a hard look at what president obama needs to say in his state of the union address this coming week. first, the winter wallop in the northeast. let's go straight to the cnn center in atlanta. >> thanks, wolf. i'm brianna keilar at the cnn world headquarters in atlanta, in for don lemon. in a moment, the latest on the l.a. manhunt for a suspected cop killer. first, the story we've been covering all day, the blizzard in the northeast. we go to ashleigh banfield in fairfield, connecticut. how are things there? >> as the day turned into night, the temperatures are plummeting. and what started as a big snowfall story has become a snow on the ground story. the plows are still out all over this state and all over the northeast. trying to keep up with the mess that was left behind. this gas station behind me, it is dead. it is empty. not because they're out of gas, they're out of employees. no one could get here to reopen it. not only that, but the actual gas pumps just started getting too cold and wouldn't work. above this gas station is i-95 and it is chock a block like a park
stand by for a hard look at what president obama needs to say in his state of the union address this coming week. first, the winter wallop in the northeast. let's go straight to the cnn center in atlanta. >> thanks, wolf. i'm brianna keilar at the cnn world headquarters in atlanta, in for don lemon. in a moment, the latest on the l.a. manhunt for a suspected cop killer. first, the story we've been covering all day, the blizzard in the northeast. we go to ashleigh banfield in fairfield,...
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president obama's big pick for cia director up for con fir make in a few hours. but will members of his own party derail it? >> i don't know. >> lots of drama. good morning. welcome to "early start." i'm zoraida sambolinment. >> i'm john berman. it's thursday, february 7th. 5:00 a.m. in the east. let's get started. up first, brace yourselves, bundle up, buy a shovel. this will be a big one. at this moment a blaizzard watc is in effects for new england. a storm is headed that way and could be historihistoric. it could drop two feet of snow in some places and it all starts tomorrow. you told us this was coming yesterday, you were on top of this one. >> we're trying. boston could rival its worst blizzard from 2003 which had 27 1/2 inches. all of this talks about two storm systems coming together. the first one here, notice in the south, all instability, a tornado warming out there for plaquemines parish. this is moving off to the east. we will watch this produce heavy showers even through atlanta. a low will form, become a rain and wind event as it moves across or n
president obama's big pick for cia director up for con fir make in a few hours. but will members of his own party derail it? >> i don't know. >> lots of drama. good morning. welcome to "early start." i'm zoraida sambolinment. >> i'm john berman. it's thursday, february 7th. 5:00 a.m. in the east. let's get started. up first, brace yourselves, bundle up, buy a shovel. this will be a big one. at this moment a blaizzard watc is in effects for new england. a storm is...
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but look at president obama. i rest my case. >> i don't know what that meant. >> but you know what, i battled my weight my whole life. sure as i get off here today people will attack me on twitter over my weight. like pete said you don't know what what's going on he could have a thyroid problem. i think it's off limits. he's a role model and maybe it would be good to see him lose weight but it's hard. i don't think he should be attacked. >> you are -- amy, you are a role model, too. i know she raised three kids, she spent time working while raising those kids. now she's a leader in her political movement. i have great respect for that. that's what we need to see, character, actual character. >> being fat doesn't mean he doesn't have character. somebody who spent abusive hour with my trainer before coming here i can talk about how difficult it is to maintain things. but here's the thing. the fact that we are talking about this, that's the problem. not just we are judgmental, because we are, we don't like voting fo
but look at president obama. i rest my case. >> i don't know what that meant. >> but you know what, i battled my weight my whole life. sure as i get off here today people will attack me on twitter over my weight. like pete said you don't know what what's going on he could have a thyroid problem. i think it's off limits. he's a role model and maybe it would be good to see him lose weight but it's hard. i don't think he should be attacked. >> you are -- amy, you are a role...
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. >>> now to this one, no surprise here, president obama and texas governor rick perry don't agree. this time about the boy scouts banning gay people from leadership roles in the organization. >> scouting is about teaching a substantial amount of life lessons, sexuality is not one of them, never has been, doesn't need to be. >> that was governor perry just yesterday. on the same day, listen to what president obama said during his sit-down interview with cbs. >> the scouts are a great institution that are promoting young people and exposing them to, you know, opportunities and leadership that, you know, will serve people for the rest of their lives. and i think that nobody should be barred for that. >> the boy scouts board is expected to vote on the ban this week. the decision we're told could come as early as today. >>> first, some gratitude and then secretary of state john kerry getting down to business here on day one in the office. take a listen. >> what other job can you have where you get up every day and advance the cause of nation and also keep faith with the ideals of your c
. >>> now to this one, no surprise here, president obama and texas governor rick perry don't agree. this time about the boy scouts banning gay people from leadership roles in the organization. >> scouting is about teaching a substantial amount of life lessons, sexuality is not one of them, never has been, doesn't need to be. >> that was governor perry just yesterday. on the same day, listen to what president obama said during his sit-down interview with cbs. >> the...
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sitting beside michelle obama will be the parents of hadiya pendleton, the young woman from the obama's neighborhood in chicago, shot and killed a week after she performed at the president's inauguration in washington. the honor comes as chicago police announce the arrest of pendleton's alleged shooters. they are 18-year-old michael ward, on the left, and 20-year-old kenneth williams. pendleton's cousin spoke by phone to anderson cooper last night. >> on behalf of my family, we are elated to know that there is one person or two now off the streets that could very well cause harm to my neighbor, another relative, or anyone in the world. we're excited to know that the police, the chicago police department worked diligently. however, there is no level of comfort. not long-term comfort. you know, we are still miserable. miserable would only be the term to really acknowledge the feelings of the parents and the family. >> chicago police say the men fired at pendleton by mistake as they were going after rival gang members instead. all right that's a fifth-floor problem... ok. not in my house!
sitting beside michelle obama will be the parents of hadiya pendleton, the young woman from the obama's neighborhood in chicago, shot and killed a week after she performed at the president's inauguration in washington. the honor comes as chicago police announce the arrest of pendleton's alleged shooters. they are 18-year-old michael ward, on the left, and 20-year-old kenneth williams. pendleton's cousin spoke by phone to anderson cooper last night. >> on behalf of my family, we are elated...
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and president obama is also weighing in. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if you have symptoms such as persistent fever, bruising, bleeding, or paleness. if you've had enough, ask your dermato
and president obama is also weighing in. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma,...
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at the time, president obama asked iran to return it. >> we have asked for it back. we'll see how the iranians respond. >> and the iranians, of course, never gave it back. the experts we talked to said the simplest explanation may be the one that is right, that the iranians have the unencrypted video and when they got it, they decided to show it to the world. the only question, wolf, is why did they wait so long to do it. no one knows the answer. >> barbara, thank you. >>> drones for intelligence and drones to kill. but when the target is an american citizen, does the president have the authority to take him out? a leading voice in the house intelligence committee standing by to join us. what's your preferred search engine? search engine, uhh, probably google. intelligence committee standing by to join us. intelligence committee standing by to join us. o the house intelligence committee standing by to join us. ifn the house intelligence committee standing by to join us. we do a side by p what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins i
at the time, president obama asked iran to return it. >> we have asked for it back. we'll see how the iranians respond. >> and the iranians, of course, never gave it back. the experts we talked to said the simplest explanation may be the one that is right, that the iranians have the unencrypted video and when they got it, they decided to show it to the world. the only question, wolf, is why did they wait so long to do it. no one knows the answer. >> barbara, thank you....
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take control of your retirement today. ♪ ♪ . >>> president obama is going to announce his nomination for the new secretary of interior, senior administration official tells cnn he is going to nominate the ceo of the outdoor equipment company rei, we will bring that announcement to you live when it happens. also, right now we understand they are speaking on capitol hill, these are house republicans, they have one thing on their plate here at least for today, that is cutting the spending, especially pentagon spending, they are trying to avoid the deep military cuts that automatically are going to trigger in about three weeks. defense chief leon panetta is now painting a gloomy worst case scenario, if that happens. >> make no mistake, if these cuts happen, there will be a serious disruption in defense programs and a sharp decline in our military readiness. we have already begun an all out effort to plan for how to operate under such a scenario. but it's also very clear, that there are no good options. >> i want to bring in barbara starr at the pentagon. what is he talking about when he
take control of your retirement today. ♪ ♪ . >>> president obama is going to announce his nomination for the new secretary of interior, senior administration official tells cnn he is going to nominate the ceo of the outdoor equipment company rei, we will bring that announcement to you live when it happens. also, right now we understand they are speaking on capitol hill, these are house republicans, they have one thing on their plate here at least for today, that is cutting the...
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. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> while our confidence may be shaken, we are living through difficult and uncertain times, tonight i want every american to know this -- we will rebuild, we will recover and the united states of america will emerge stronger than before. >> remember that? that was president obama's promise to americans during his first state of the union address after he took office in 2009. now we're up to state of the union address number five. the first one after he was re-elected. so what is he expected to say? our athena jones has details. >> reporter: the state of the union address -- >> members of
. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> while our...
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obama seems more confident. is this the new obama? is this the old obama? is this the real obama? >> well, the great thing for obama right now is that he has the public on his side. my concern right now -- and that's, i think, will determine which obama will actually prevail -- is that jobs and growth are not on his agenda. it is absolutely stunning. if you go back to the election, he kept campaigning around jobs, rebuilding our bridges, rebuilding our infrastructure, the american dream, saving it for the middle class. and both the rhetoric and the legislative agenda around these issues is nowhere to be found. >> i think -- i don't think obama has changed much. i mean, i still think that you really want to view him as what used to be a moderate republican. right? he's in favor of expanded health care but not at all any kind of wide-eyed liberal. of course there are no republicans like that anymore. he's operating -- look, in spite of the fact that the wind is at his back in a lot of ways, he's still operating with a very restricted set of possibilities given a republican hard-line
obama seems more confident. is this the new obama? is this the old obama? is this the real obama? >> well, the great thing for obama right now is that he has the public on his side. my concern right now -- and that's, i think, will determine which obama will actually prevail -- is that jobs and growth are not on his agenda. it is absolutely stunning. if you go back to the election, he kept campaigning around jobs, rebuilding our bridges, rebuilding our infrastructure, the american dream,...
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Feb 10, 2013
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on monday, president obama will honor clinton romesha. he helped keep enemy forces from overrunning the post. he will be the fourth living recipient of the medal of honor. catch it tonight at 8:00 eastern. >>> and tuesday the state of the union speech. his main focus will be jobs. he will talk about taxes, debt, and the upcoming budget. >>> wednesday, face book mark zuckerberg and fund raiser for chris christie. >>> thursday, mark your calendar. valentine's day. same-sex couples in illinois may be shopping for wedding rings soon. they could vote as early as
on monday, president obama will honor clinton romesha. he helped keep enemy forces from overrunning the post. he will be the fourth living recipient of the medal of honor. catch it tonight at 8:00 eastern. >>> and tuesday the state of the union speech. his main focus will be jobs. he will talk about taxes, debt, and the upcoming budget. >>> wednesday, face book mark zuckerberg and fund raiser for chris christie. >>> thursday, mark your calendar. valentine's day....
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obama's going to win this easily. he was doing it from pure number crunching. >> the question is why obama won by such a margin. and i think the answer is that there has been a fundamental demographic shift in the united states. and i thought that it had surfaced in '08 because of a charismatic candidate. then i thought it would go back down again. and it did in '10. they didn't show up. but in '12 they showed up again in huge numbers. and 8 million whites stayed home. and i think the republican party has got to change in fundamental ways, otherwise we'll never win another election. >> here's -- okay. i agree with you. and i think many people agree with that. but you got turfed out of fox yesterday, which people are interpreting, along with sarah palin being turfed out, as a repudiation of that style of republican front person, if you like. what do you say to that? was that why fox let you go? >> no. fox -- >> and what does that mean for the party and your involvement with it at all? some people will say, we don't car
obama's going to win this easily. he was doing it from pure number crunching. >> the question is why obama won by such a margin. and i think the answer is that there has been a fundamental demographic shift in the united states. and i thought that it had surfaced in '08 because of a charismatic candidate. then i thought it would go back down again. and it did in '10. they didn't show up. but in '12 they showed up again in huge numbers. and 8 million whites stayed home. and i think the...
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Feb 10, 2013
02/13
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on monday, medal of honor, president obama will award that to clint romesha. he risked his life to save fellow soldiers in afghanistan in 2009 and also on monday, westminster dog show for dog lovers. back and better than ever. tuesday, on the state of the union is coming up. may set your dvrs, same time as the dog show. wednesday, take a look. yep. we have the zuckerberg fund-raiser. interesting. mark zuckerberg, hosting a fund-raiser for republican chris christie's re-election bid. now on thursday, the illinois gay marriage, coming up. legalization for same-sex marriage in illinois. that could reach a vote on valentine's day. if i don't get to say it now, happy valentine's day. okay. and the asteroid will pass the arter earth. the closest shave in known history according to nasa. coming as slow close as 17,000 miles. closer than the tv satellites you are watching me from now the president will deliver the state of the union address on tuesday. less than a month after the inaugural address. will there be a big difference between of two? athena jones has a prev
on monday, medal of honor, president obama will award that to clint romesha. he risked his life to save fellow soldiers in afghanistan in 2009 and also on monday, westminster dog show for dog lovers. back and better than ever. tuesday, on the state of the union is coming up. may set your dvrs, same time as the dog show. wednesday, take a look. yep. we have the zuckerberg fund-raiser. interesting. mark zuckerberg, hosting a fund-raiser for republican chris christie's re-election bid. now on...
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Feb 10, 2013
02/13
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jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is essentially a fancy word for the president and congress not doing their jobs. you laid it out pretty clearly. the president is late submitting his own budget. so he's part of the problem, too. but he does have the upper hand in the public opinion right now. but republicans are very wary. they think the president just wants more revenue and modest cuts, but he won't do the big structural things to medicare, to social security that are necessary for any part of grand bargain. we're in the game of chicken. another thing is happening, pollsters say every time we do this, consu
jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is...
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Feb 12, 2013
02/13
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president obama will announce 34,000 u.s. troops currently in afghanistan will be back home by this time yex neanext year. it is a big foreign policy to be made, it's expected to be largely about economic issues and the middle class. >> what do you think, is it going to be partisan or more of an olive branch? >> i don't think it will be either, if i can be so bold as to take something that you're not offering a choice that you're not offering. >> you may take it as always. >> i think he will be assertive. i think he will not perceive, he and the white house will not perceive what he's saying as overtly confrontational. i'm sure it will be interpreted that way. i don't anticipate a big olive branch of a speech. he'll talk about common sense measures republicans have supported in the past and stlu as bipartisan. >> the agenda on immigration, gun control, climate by definition, pre-stage conflict with republicans who are ambivalent at best about moving forward on anything. on the other hand, on the big issue of the debt and defi
president obama will announce 34,000 u.s. troops currently in afghanistan will be back home by this time yex neanext year. it is a big foreign policy to be made, it's expected to be largely about economic issues and the middle class. >> what do you think, is it going to be partisan or more of an olive branch? >> i don't think it will be either, if i can be so bold as to take something that you're not offering a choice that you're not offering. >> you may take it as always....
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Feb 10, 2013
02/13
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this is the -- their reports interrupted president obama during a speech. we know where they're coming from. so the fact that they have two anonymous sources that are saying this has to be suspect. now, if it was another legitimate news organization that didn't have this kind of bent, it would be a different story. >> what about as we just saw, when the senator himself denies it on camera to cnn, does that not open the door for other organizations to cover it? >> you can cover it after he says that as cnn did. a great question by dana. good for her for getting the interview, for raising a prickly topic. but to go on the record talking about whether or not he had been with prostitutes before he even addresses it with two anonymous sources, isn't this program called "reliable sources"? isn't this what journalists do is not run anonymous sources? >> because we're reliable, we asked the daily caller for a response. they did not release their names and they obscured their faces. it is difficult and, inform, axe and "the new york times" say they have investigated
this is the -- their reports interrupted president obama during a speech. we know where they're coming from. so the fact that they have two anonymous sources that are saying this has to be suspect. now, if it was another legitimate news organization that didn't have this kind of bent, it would be a different story. >> what about as we just saw, when the senator himself denies it on camera to cnn, does that not open the door for other organizations to cover it? >> you can cover it...